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Divergent Paths - How Culture and Institutions Have Shaped North American Growth (Hardcover, New)
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Divergent Paths - How Culture and Institutions Have Shaped North American Growth (Hardcover, New)
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Why are some countries without an apparent abundance of natural
resources, such as Japan, economic success stories, while other
languish in the doldrums of slow growth. In this comprehensive look
at North American economic history, Marc Egnal argues that culture
and institutions play an integral role in determining economic
outcome. He focuses his examination on the eight colonies of the
North, five colonies of the South (which together made up the
original thirteen states), and French Canada. Using census data,
diaries, travelers' accounts, and current scholarship, Egnal
systematically explores how institutions (such as slavery in the
South and the seigneurial system in French Canada) and cultural
arenas (such as religion, literacy, entrepreneurial spirit, and
intellectual activity) influenced development. He seeks to answer
why three societies with similar standards of living in 1750 became
so dissimilar in development. By the mid-nineteenth century, the
northern states had surged ahead in growth, and this gap continued
to widen into the twentieth century. Egnal argues that culture and
institutions allowed this growth in the North, not resources or
government policies. Both the South and French Canada stressed
hierarchy and social order more than the drive for wealth. Rarely
have such parallels been drawn between these two societies.
Complete numerous helpful appendices, figures, tables, and maps,
Divergent Paths is a rich source of unique perspectives on economic
development with strong implications for emerging societies.
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